Cross-Border

US Labels Australia's Draft Algorithm Opt-Out Law 'Censorship'

The US embassy in Canberra filed an unusually direct submission on Australia’s draft Digital Duty of Care laws, calling the mandated algorithm opt-out ‘censorship of protected speech’ and warning of global spillover effects; PM Albanese pushed back, saying the goal is to give users control over their feeds rather than the government.

[Brief] Ripple Invests in Flutterwave to Push Stablecoin and XRP Ledger into African Payments

Ripple has made a strategic investment in African payments leader Flutterwave, valued at $3.2 billion. The partnership will integrate Ripple’s RLUSD stablecoin and XRP Ledger to accelerate cross-border payments across Africa.